Utah Administrative Code
Topic - Governor
Title R357 - Economic Opportunity
Rule R357-11 - Technology Commercialization and Innovation Program (TCIP)
Section R357-11-104 - Award Amounts
Universal Citation: UT Admin Code R 357-11-104
Current through Bulletin 2024-06, March 15, 2024
(1) Subject to available funds, a micro-grant may be awarded under the following terms:
(a) a company may not be awarded more than
one SBIR or STTR micro-grant within a 5 year period;
(b) a company must work with the Utah
Innovation Center to prepare and submit a Phase I proposal;
(c) a standard award may not exceed $3,000;
and
(d) a company that is minority-
or women-owned or located in a rural county may receive an additional award of
$2,000 for a total award amount of $5,000.
(2) Subject to available funds, a nonrecourse loan may be awarded under the following terms:
(a) a company must have received a prior SBIR
or STTR Phase I award;
(b) a
company must work with the Utah Innovation Center to prepare and submit a
corresponding Phase II proposal;
(c) a company shall receive no more than two
nonrecourse loans;
(d) a standard
award shall not exceed $50,000; and
(e) a company that is minority- or
women-owned or located in a rural county may receive an additional award of
$10,000 for a total award amount of $60,000.
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